It is NOT allowed to offer investment advice, but what is investment advice?

What is considered investment advice?

Investment advice is any recommendation or guidance that attempts to educate, inform, or guide an investor regarding a particular investment product or series of products.

It is not allowed to advise visitors to purchase an instrument or to recommend a certain investment, implicitly or explicitly. 

However, instrument analysis or forecasts can be provided as investment research and   must be generic, based on public information and not directed at a certain person or group of people. 

Risk Warning

When writing an instrument analysis or forecast, the following disclaimer must be added (In addition the risk warnings you will find in the risk warnings section in the guidelines):

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.

Please pay attention

USA: In the USA you can not promote eToro in price forecasts. It is allowed to promote eToro in instrument analysis that does not contain a forecast. 

Norway and Switzerland: In Norway and Switzerland it is not allowed to mention any specific instrument. eToro can also not be promoted in any article that mentions specific instruments. You are allowed to mention instrument groups like stocks, CFDs or crypto’s but not specifics like Tesla or Apple

In case of doubt please contact your affiliate manager or Liora Edelstein, or Set a meeting